TOC Seminar Explores Racehorse Partnerships

At a seminar on racehorse partnerships hosted by the Thoroughbred Owners of California at Del Mar Racetrack Gary Fenton, an equine attorney and managing partner of Little Red Feather Racing, spoke about various legal and financial aspects involved in horse racing partnerships. Some of the specifics he covered were different partnership agreements, setting a budget, determining what kind of fees you can expect, and understanding tax implications.

This excellent presentation is the third in a 5-part series that will be posted on this blog over the next few days.